Carvana, LLC, the company's subsidiary, entered into the Second Amended and Restated Inventory Financing and Security Agreement with Ally Bank and Ally Financial Inc. on April 29, 2025, renewing the line of credit at $1.5 billion until April 30, 2027, the company said.

1. 01

   Carvana, LLC, the company's subsidiary, entered into the Second Amended and Restated Inventory Financing and Security Agreement with Ally Bank and Ally Financial Inc. on April 29, 2025, renewing the line of credit at $1.5 billion until April 30, 2027, the company said.

2. 02

   The company said a subsidiary and the Ally Parties amended the Master Purchase and Sale Agreement, reestablishing the Ally Parties' commitment to purchase up to $4.0 billion in automotive finance receivables between April 30, 2025 and April 29, 2026.

3. 03

   The company said the parties to the Floor Plan Facility are Carvana, LLC, a subsidiary of Carvana, and Ally Bank and Ally Financial Inc. (together, the Ally Parties), and that the full text of the agreement is attached as Exhibit 10.1.

4. 04

   The company said it attached Exhibit 10.1 (Second Amended and Restated Inventory Financing and Security Agreement) and Exhibit 10.2 (Seventh Amendment to the Second Amended and Restated Master Purchase and Sale Agreement), and that portions of Exhibit 10.1 were omitted under Regulation S-K Item 601(b)(10)(iv).

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Original filing

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